There Is A Slight Shift Of Exporters From Telangana To Ap After Bifurcation Of The State, But Still The Export Potential Of The New Ap Is Grossly Untapped, According To The Joint Director-General Of Foreign Trade, Pk Ghosh.

There is a slight shift of exporters from Telangana to AP after bifurcation of the State, but still the export potential of the new AP is grossly untapped, according to the Joint Director-General of Foreign Trade, PK Ghosh.

He was speaking at a seminar on exports organised by the GITAM School of International Business (GSIB) here on Monday in association with the DGFT, as a part of DGFT’s nationwide awareness campaign on Niryat Bandhu.

Ghosh said DGFT office would start functioning at Vijayawada from April 1. While the Visakhapatnam office will cater to the five of the coastal districts of the state, the Vijayawada office will cater to the remaining eight districts.

He said shrimp and aqua exports accounted for a major share of exports from the state. “But still there is immense scope to improve aqua exports and also in other sectors such as ferro alloys, steel and engineering products,” he said.Niryat Bandhu is being organised across the nation to create awareness and encourage entrepreneurship.

Source:-thehindubusinessline.com